Embed YouTube video into Flash?

Yes, I would just like to do it once. If you can provide me instructions on how to go about doing this, I would highly appreciate it!

Are you looking to do it dynamically? Or are you looking to put a specific video you see on youtube, into your flash only once?

If you want to do it dynamically, it's a more advanced task. I know it's possible because there are AIR applications out there that pull down and save the .flv (flash video file) from youtube.com by just entering the video ID into the AIR application.

If you want to do it once it's much easier because you can use the AIR app that I talked about above to pull the .flv down, and then just implement it yourself via all the various flash video implementation methods.